Meta Platforms Plans $95 Billion Stock Offering to Fund AI Development

Meta Platforms Inc. announced plans to raise as much as $95 billion through stock sales to finance its extensive artificial intelligence infrastructure. The offering includes $35 billion in underwritten public equity offerings and an additional $60 billion via an "at the market" program expected to commence in the first quarter of 2027. Nvidia Corp., Broadcom Inc., and Advanced Micro Devices Inc., which supply chips and computing infrastructure to Meta, have expressed interest in becoming cornerstone investors, potentially contributing up to $5 billion collectively.